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Nvidia tangos with an activist hedge fund: An excerpt from Tae Kim's new book on the tech giant

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Summary
Nutrition label

80% Informative

In 2013 , activist hedge fund Starboard Value accumulated a stake of 4.4 million shares in Nvidia worth about $62 million .

Some executives at Nvidia weren't excited about having Starboard as an investor.

But the relationship never became too antagonistic, and Nvidia and Starboard seemed to work well together in this brief period.

Mellanox received a nonbinding purchase offer from an outside company at $ 102 per share.

Nvidia won the bidding war on March 7, 2019 , for an all-cash offer of $6.9 billion .

"It's absolutely going to go down in history as one of the best acquisitions ever," Nvidia 's Jay Puri said.

VR Score

86

Informative language

88

Neutral language

55

Article tone

formal

Language

English

Language complexity

49

Offensive language

not offensive

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not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

Source diversity

1

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